Business & Investments

H.H. Sheikh Ali Rashed Ali saeed Al Maktoum officially inaugurated KALLADA FOOD INDUSTRIES

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Dubai, UAE – In a grand ceremony, H.H. Sheikh Ali Rashed Ali saeed Al Maktoum officially inaugurated KALLADA FOOD INDUSTRIES, a pioneering addition to Dubai’s food processing landscape, situated in the dynamic Dubai Investment Park 2 (DIP-2). This new, cutting-edge facility, sprawling over 70,000 square feet and valued at 100 million, marks a significant milestone in the region’s food sector.

Official inauguration of KALLADA FOOD INDUSTRIES

At the helm of this venture is Mr. Ayoub Kallada, the Managing Director of the group, whose profound passion and extensive three-decade experience in the food industry have been instrumental in shaping the vision for KALLADA FOOD INDUSTRIES. Mr. Kallada, who founded BETTERGROW GENERAL TRD LLC (originally NAZEEM AHMED GENERAL TRADING LLC) in 2008, has been a key figure in transforming the company into a leading wholesaler and distributor of dried fruits and nuts across the Middle East and North Africa (MENA) Region, with its headquarters in Dubai.

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Business & Investments

شركة بن غاطي القابضة تستعد لإطلاق صكوك بالدولار الأمريكي لأول مرة في تاريخها

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شركة بن غاطي القابضة تستعد لإطلاق صكوك بالدولار الأمريكي لأول مرة في تاريخها

دبي، الإمارات العربية المتحدة;  20 فبراير :2024 أعلنت بن غاطي للتطوير، الشركة الرائدة في مجال العقارات في دبي وإحدى شركات التطوير العقاري الأكثر حيوية وشعبية في الإمارات العربية المتحدة، عن استعدادها لإطلاق أول صكوك لها بالدولار الأمريكي خلال الأيام المقبلة، في حال توفرت ظروف السوق المواتية لذلك. ويأتي هذا الإنجاز المالي الملموس في إطار استراتيجية الشركة الرامية لتنويع مصادر تمويلها.

 ووقع اختيار بن غاطي على كل من بنك الإمارات دبي الوطني، وبنك دبي الإسلامي، ومصرف أبوظبي الإسلامي، وبنك إتش إس بي سي، وبنك المشرق، وبنك الشارقة الإسلامي، وبنك رأس الخيمة الوطني لتولّي مسؤوليات إدارة العملاء المحتملين وعملية الاكتتاب خلال الصفقة الأولى من نوعها للشركة في أسواق رأس مال الدين.

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Business & Investments

Binghatti Holding Set to Launch Debut US Dollar Sukuk

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Binghatti Holding Set to Launch Debut US Dollar Sukuk

Dubai, UAE – (date) – Binghatti, a leading Emirati property development company headquartered in Dubai, is preparing to undertake a significant financial milestone with the launch of its inaugural US Dollar Sukuk in the coming days, subject to market condition. This will highlight the company’s strategic move towards diversifying its funding base.

Emirates NBD, Dubai Islamic Bank, Abu Dhabi Islamic Bank, HSBC, Mashreq, Sharjah Islamic Bank, and RAKBANK have been appointed as Joint Lead Managers and bookrunners on the contemplated inaugural debt capital markets transaction.

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Technologies

Snowflake to showcase telco AI innovations and enhanced ecosystem partnerships at MWC 2024

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Snowflake to showcase telco AI innovations and enhanced ecosystem partnerships at MWC 2024

Snowflake, the Data Cloud company, will highlight enhanced offerings to its Telecom Data Cloud at Mobile World Congress 2024, including new innovations in artificial intelligence (AI) and machine learning (ML), leading telco partner solutions and cross-industry collaborations to tackle some of the most challenging issues facing the industry. Partner solutions include smart CapEx optimisation, capacity planning, field operations, tackling carbon emissions, predictive and automated network maintenance and Open Radio Access Network (ORAN) data enrichment and management.

With the new additions to Snowflake’s Telecom Data Cloud, organisations can reduce upskilling requirements and increase productivity, enrich data with AI and ML models, accelerate near real-time and secure data discovery and analysis, help meet sustainability requirements and enable telecom service providers to grow new, incremental service revenue while solving enterprise industry vertical needs.

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Technologies

The HUAWEI Metaline Antenna

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The HUAWEI Metaline Antenna: How the MateBook D 16 takes wireless connectivity to the next level

What it means for real-world speed, reliability and productivity

Today’s office space is no longer confined to the cubicle. The modern professional works from home, coffee shops, and shared offices. Huawei has taken note of this and come up with the new MateBook D 16, the ultimate portable productivity companion for the modern lifestyle. Weighing in at just 1.68kg in its lightest configuration and measuring a slim 17mm thick, the MateBook D 16 is sleek and lightweight that you’ll barely notice in your bag but powerful enough to handle the busiest of workdays.

But what’s more interesting is how Huawei enhances the laptop with features tailored for working on the move, most notably the HUAWEI Metaline Antenna. It significantly improves the Wi-Fi performance and stability of the MateBooK D 16. With the new HUAWEI Metaline Antenna, you can finally say goodbye to your network problems once and for all.

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